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Strategy First to Deliver Multiple Titles On-Line via Steam

Leading Action and Strategy Titles To Be Offered Directly to Millions

For Immediate Release

Montreal, Canada. December 8, 2005. Software publisher Strategy First, Inc. a wholly owned subsidiary of Silverstar Holdings, Ltd. (NASDAQ: SSTR), and Valve Corporation, a leading entertainment and technology studio, are pleased to announce a multi-title distribution deal that will deliver a collection of Strategy First's front line titles and new releases via Steam, Valve's online platform for digital content distribution and management. Strategy First is the first entertainment software publisher to move forward with Valve's Steam, which connects nearly 6 million gamers worldwide.

"S.C.S - Dangerous WatersTM," a groundbreaking naval simulation game due for arrival in December 2005, will be the first Strategy First title made available to millions of Steam gamers.

Emanuel Wall, Product Manager at Strategy First said, "Throughout the years, Strategy First has delivered great games from many developers while navigating the evolution of genres, technology, and distribution mechanisms -- whether it's moving from 2D to 3D, or from floppy to Steam."

"Strategy First has a proven reputation for delivering high-quality products, created by independent developers, to gamers around the world," said Gabe Newell, Valve's founder and president. "We're delighted to offer these titles as the Steam audience expands to nearly 6 million gamers."

Future announcements outlining this multi-title deal will be announced in the weeks to come.

About Strategy First

Strategy First, Inc. is a leading developer and worldwide publisher of entertainment software for the PC. Founded in 1990, the Company has grown rapidly, publishing major games in the industry such as ""S.C.S - Dangerous WatersTM" and "Disney's Aladdin Chess Adventures" and simultaneously developing its own in-house titles such as "O.R.B." and "Disciples II." After winning numerous awards for games such as "Disciples: Sacred Lands," "Kohan: Immortal Sovereigns," "Steel Beasts," "Galactic Civilizations," and "Jagged Alliance," Strategy First continues to push the gaming envelope with its own groundbreaking titles, while maintaining its reputation as a unique alternative for independent developers seeking to market their games to a worldwide audience. www.strategyfirst.com

About Valve

Based in Bellevue, Washington, Valve is an entertainment software and technology company founded in 1996. Valve's debut title, Half-Life®, has won over 50 Game of the Year Awards and named "Best PC Game Ever" in the November 1999, October 2001, and April 2005 issues of PC Gamer, the world's best-selling PC games magazine. Valve's portfolio of entertainment titles also includes Counter-Strike TM, Day of Defeat®, and Team Fortress® and accounts for over 18 million retail units sold worldwide, and over 88% of the PC online action market. More information may be found at www.valvesoftware.com.

Valve, the Valve logo, Steam, and the Steam logo are trademarks or registered trademarks of Valve Corporation in the United States and/or other countries.

The statements which are not historical facts contained in this press release are forward looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.

For more information, press only:

Doug Lombardi, Valve (425) 889-9642 x160, lombardi@valvesoftware.com

Jessica Hawker, Strategy First (514) 844-3040 x 240 jhawker@strategyfirst.com

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